AMREP Corporation (AXR) Key Metrics
AXR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $104.8M
- Enterprise value
- $73.3M
- P/E (TTM)
- 18.2 10-yr median 12.8
- Forward P/E
- 37.6
- PEG ratio
- 1.55
- Price / sales
- 2.6 10-yr median 2.1
- Price / book
- 0.9 10-yr median 0.8
- EV / EBITDA
- 11.5 10-yr median 6.7
- Dividend yield
- —
- Beta
- 1.15
AXR key metrics, FY2017–FY2026
Fiscal year ended April 30, 2026 · U.S. dollarsAXR valuation Price multiples at each fiscal year-end price.
P/E ratio+51.7%
14.4
FY2026 · hover or tap a bar for each year
FY2017FY2026
Price / sales+15.4%
2.8
FY2026 · hover or tap a bar for each year
FY2017FY2026
Price / book+13.3%
1.1
FY2026 · hover or tap a bar for each year
FY2017FY2026
EV / EBITDA+0.7%
6.7
FY2026 · hover or tap a bar for each year
FY2017FY2026
Price / free cash flow−7.2%
11.6
FY2026 · hover or tap a bar for each year
FY2017FY2026
Free cash flow yield+0.6 pts
8.6%
FY2026 · hover or tap a bar for each year
FY2017FY2026
AXR returns How much profit the business earns on the capital it uses.
Return on equity−2.7 pts
7.6%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Return on invested capital−2.4 pts
10.1%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Return on assets−2.6 pts
7.3%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Free cash flow margin+4.7 pts
24.2%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Cash conversion (OCF / net income)+55.3%
1.25
FY2026 · hover or tap a bar for each year
FY2017FY2026
Asset turnover−2.9%
0.38
FY2026 · hover or tap a bar for each year
FY2017FY2026
AXR per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+5.9%
$9.80
FY2026 · hover or tap a bar for each year
FY2017FY2026
Earnings per share−19.5%
$1.91
FY2026 · hover or tap a bar for each year
FY2017FY2026
Free cash flow per share+31.7%
$2.37
FY2026 · hover or tap a bar for each year
FY2017FY2026
Book value per share+7.8%
$26.10
FY2026 · hover or tap a bar for each year
FY2017FY2026
Shares outstanding+0.4%
5.4M
FY2026 · hover or tap a bar for each year
FY2017FY2026
AXR financial health Debt, liquidity and how easily interest is covered.
Debt / equity+353.5%
0.00
FY2026 · hover or tap a bar for each year
FY2017FY2026
Net debt−$12.6M
−$52.5M
FY2026 · hover or tap a bar for each year
FY2017FY2026
Net debt / EBITDA−0.39
−3.64
FY2026 · hover or tap a bar for each year
FY2017FY2026
Debt / assets+345.9%
0.00
FY2026 · hover or tap a bar for each year
FY2017FY2026
AXR efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−1 days
1 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Days of inventory−326 days
1,115 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Days payables outstanding−24 days
12 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Cash conversion cycle−302 days
1,103 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Capex / revenue−1.0 pts
0.2%
FY2026 · hover or tap a bar for each year
FY2017FY2026
AXR valuation history
Fiscal year-endToday10-year median
AXR returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
AXR debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
AXR cash returned to shareholders
DividendsBuybacksFree cash flow
AXR price vs earnings per share
Share price at year-endEPS (right axis)
AXR key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $148.6M | $121.1M | $108.5M | $73.8M | $92.5M | $83.2M | $39.4M | $45.2M | $58.8M | $48.5M |
| Enterprise value | $96.1M | $81.2M | $78.8M | $53.8M | $80.8M | $63.0M | $25.8M | $33.2M | $46.6M | $37.0M |
| P/E ratio | 14.4 | 9.5 | 16.2 | 3.4 | 5.8 | 11.3 | — | 29.6 | 246.9 | — |
| Price / sales | 2.8 | 2.4 | 2.1 | 1.5 | 1.5 | 2.1 | 2.1 | 3.5 | 1.5 | 1.1 |
| Price / book | 1.1 | 0.9 | 0.9 | 0.7 | 1.1 | 0.9 | 0.5 | 0.5 | 0.7 | 0.6 |
| Price / free cash flow | 11.6 | 12.5 | 10.6 | 11.8 | 6.5 | 6.6 | 52.1 | 77.4 | 149.9 | 4.8 |
| Price / operating cash flow | 11.5 | 11.8 | 10.1 | 11.5 | 6.0 | 6.6 | 51.5 | 76.3 | 110.6 | 4.7 |
| EV / sales | 1.8 | 1.6 | 1.5 | 1.1 | 1.3 | 1.6 | 1.4 | 2.6 | 1.2 | 0.9 |
| EV / EBITDA | 6.7 | 6.6 | 10.2 | 7.0 | 3.7 | 6.6 | — | — | — | 13.6 |
| EV / free cash flow | 7.5 | 8.4 | 7.7 | 8.6 | 5.7 | 5.0 | 34.1 | 56.9 | 118.8 | 3.6 |
| Earnings yield | 6.9% | 10.5% | 6.2% | 29.5% | 17.1% | 8.9% | −15.0% | 3.4% | 0.4% | −0.0% |
| Free cash flow yield | 8.6% | 8.0% | 9.5% | 8.5% | 15.3% | 15.2% | 1.9% | 1.3% | 0.7% | 21.0% |
| Dividend yield | — | — | — | — | — | — | — | — | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | — | — | — | 0.0% | 23.7% | 6.2% | 0.0% | — | 0.0% | 0.0% |
| Share price at fiscal year-end | $27.55 | $22.55 | $20.28 | $13.90 | $12.86 | $10.70 | $4.84 | $5.58 | $7.25 | $6.01 |
| Per share | ||||||||||
| Revenue per share | $9.80 | $9.26 | $9.61 | $9.17 | $8.69 | $5.15 | $2.31 | $1.58 | $4.96 | $5.25 |
| Earnings per share | $1.91 | $2.37 | $1.25 | $4.11 | $2.21 | $0.95 | −$0.73 | $0.19 | $0.03 | −$0.00 |
| Operating cash flow per share | $2.39 | $1.91 | $2.00 | $1.20 | $2.15 | $1.62 | $0.09 | $0.07 | $0.07 | $1.29 |
| Free cash flow per share | $2.37 | $1.80 | $1.92 | $1.18 | $1.97 | $1.62 | $0.09 | $0.07 | $0.05 | $1.26 |
| Cash per share | $9.77 | $7.44 | $5.55 | $3.77 | $2.19 | $3.19 | $2.15 | $1.64 | $1.73 | $1.46 |
| Book value per share | $26.10 | $24.21 | $22.08 | $20.92 | $11.56 | $11.44 | $10.41 | $11.09 | $10.69 | $10.50 |
| Tangible book value per share | $26.10 | $24.21 | $20.01 | $18.56 | $11.43 | $11.08 | $9.66 | $10.53 | $10.40 | $9.94 |
| Dividends per share | — | — | — | — | — | — | — | — | $0.00 | $0.00 |
| Capex per share | $0.02 | $0.11 | $0.09 | $0.02 | $0.18 | $0.00 | $0.00 | $0.00 | $0.02 | $0.03 |
| Debt per share | $0.03 | $0.01 | $0.01 | $0.01 | $0.56 | $0.60 | $0.48 | $0.16 | $0.23 | $0.03 |
| Shares outstanding | 5.4M | 5.4M | 5.3M | 5.3M | 7.2M | 7.8M | 8.1M | 8.1M | 8.1M | 8.1M |
| Change in shares outstanding | +0.4% | +0.4% | +0.8% | −26.2% | −7.5% | −4.4% | +0.4% | −0.1% | +0.3% | +0.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 7.6% | 10.3% | 5.8% | 22.4% | 18.4% | 8.5% | −6.8% | 1.7% | 0.3% | −0.0% |
| Return on invested capital (ROIC) | 10.1% | 12.6% | 6.7% | 16.5% | 22.3% | 9.5% | −3.1% | −3.3% | 2.4% | 0.9% |
| Return on assets (ROA) | 7.3% | 9.9% | 5.6% | 20.7% | 16.5% | 7.6% | −6.0% | 1.5% | 0.2% | −0.0% |
| Return on tangible assets | 7.0% | 9.5% | 6.0% | 21.1% | 16.9% | 7.8% | −6.5% | 1.6% | 0.2% | −0.0% |
| Free cash flow margin | 24.2% | 19.4% | 20.0% | 12.9% | 22.7% | 31.5% | 4.0% | 4.6% | 1.0% | 24.0% |
| Income quality (OCF / net income) | 1.25 | 0.81 | 1.60 | 0.29 | 0.98 | 1.71 | — | 0.39 | 2.23 | — |
| Financial health | ||||||||||
| Total debt | $167,000 | $34,000 | $27,000 | $44,000 | $4.1M | $4.7M | $3.9M | $1.3M | $1.8M | $266,000 |
| Cash & short-term investments | $52.7M | $39.9M | $29.7M | $20.0M | $15.7M | $24.8M | $17.5M | $13.3M | $14.0M | $11.8M |
| Net debt | −$52.5M | −$39.9M | −$29.7M | −$19.9M | −$11.7M | −$20.1M | −$13.6M | −$11.9M | −$12.2M | −$11.5M |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.05 | 0.05 | 0.01 | 0.02 | 0.00 |
| Debt / assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.05 | 0.04 | 0.01 | 0.02 | 0.00 |
| Net debt / EBITDA | −3.64 | −3.25 | −3.83 | −2.59 | −0.54 | −2.10 | — | — | — | −4.26 |
| Current ratio | — | 28.30 | 20.48 | 18.13 | 8.58 | 17.74 | 23.02 | 24.67 | 9.81 | 17.53 |
| Quick ratio | — | 10.72 | 6.58 | 4.60 | 1.67 | 5.53 | 5.92 | 5.18 | 2.64 | 4.55 |
| Interest coverage | — | — | — | 235.6 | — | 226.2 | -16.0 | -125.9 | 702.6 | 4.4 |
| Working capital | $52.7M | $103.7M | $92.4M | $83.1M | $73.8M | $76.2M | $68.8M | $70.2M | $72.4M | $71.4M |
| Invested capital | $88.2M | $90.1M | $88.4M | $91.1M | $71.5M | $68.8M | $71.0M | $77.9M | $74.4M | $73.3M |
| Tangible asset value | $140.7M | $130.0M | $107.0M | $98.5M | $82.2M | $86.1M | $78.6M | $85.3M | $84.3M | $80.3M |
| Net current asset value | $46.1M | $103.6M | $92.4M | $83.0M | $71.7M | $72.3M | $59.9M | $62.4M | $61.3M | $53.9M |
| Graham number | $33.47 | $35.92 | $24.93 | $43.96 | $23.95 | $15.64 | — | $6.86 | $2.66 | — |
| Graham net-net per share | $14.70 | $12.98 | $10.83 | $9.03 | $5.23 | $5.68 | $3.96 | $3.91 | $3.55 | $2.82 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | $0 | $0 |
| Share buybacks (net) | — | — | — | $0 | $21.9M | $5.1M | $0 | — | $0 | $0 |
| Dividend payout ratio | — | — | — | — | — | — | — | — | 0.0% | — |
| Dividends + buybacks / free cash flow | — | — | — | 0.0% | 154.4% | 40.6% | 0.0% | — | 0.0% | 0.0% |
| Capex / revenue | 0.2% | 1.2% | 0.9% | 0.3% | 2.1% | 0.0% | 0.0% | 0.1% | 0.3% | 0.6% |
| Capex / operating cash flow | 0.8% | 5.7% | 4.3% | 2.1% | 8.3% | 0.0% | 1.2% | 1.4% | 26.2% | 2.4% |
| Capex / depreciation | 0.33 | 3.26 | 3.07 | 2.08 | 5.72 | 0.01 | 0.02 | 0.01 | 0.27 | 0.18 |
| Stock-based compensation / revenue | 0.8% | 0.9% | 0.7% | 0.5% | 0.3% | 0.3% | 0.6% | 1.8% | 0.5% | 0.3% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 17.1% | 14.6% | 13.4% | 26.8% | 8.6% | 13.5% | 31.6% | 32.8% | 12.3% | 12.1% |
| Efficiency | ||||||||||
| Days sales outstanding | 0.7 | 1.3 | 0.2 | 0.3 | 0.3 | 0.4 | 3.3 | 90.9 | 56.7 | 59.0 |
| Days of inventory on hand | 1,114.8 | 1,440.9 | 651.0 | 814.4 | 625.8 | 777.3 | 1,472.5 | 1,975.7 | 3,461.6 | 2,785.5 |
| Days payables outstanding | 12.4 | 36.9 | 19.6 | 32.8 | 28.1 | 36.8 | 72.6 | 179.1 | 451.4 | 180.1 |
| Cash conversion cycle (days) | 1,103.2 | 1,405.3 | 631.6 | 781.9 | 598.0 | 740.9 | 1,403.2 | 1,887.5 | 3,067.0 | 2,664.4 |
| Receivables turnover | 496.22 | 288.92 | 1,510.85 | 1,069.80 | 1,436.30 | 852.53 | 110.49 | 4.01 | 6.43 | 6.19 |
| Payables turnover | 29.47 | 9.90 | 18.63 | 11.13 | 13.00 | 9.93 | 5.03 | 2.04 | 0.81 | 2.03 |
| Inventory turnover | 0.33 | 0.25 | 0.56 | 0.45 | 0.58 | 0.47 | 0.25 | 0.18 | 0.11 | 0.13 |
| Asset turnover | 0.38 | 0.39 | 0.43 | 0.46 | 0.65 | 0.41 | 0.19 | 0.12 | 0.38 | 0.37 |
| Average receivables | $106,500 | $172,000 | $34,000 | $45,500 | $43,500 | $47,000 | $170,000 | $3.2M | $6.2M | $6.8M |
| Average payables | $740,500 | $1.7M | $2.0M | $2.7M | $2.8M | $2.6M | $2.7M | $5.3M | $7.5M | $3.8M |
| Average inventory | $66.7M | $66.4M | $65.8M | $66.4M | $61.4M | $54.5M | $55.6M | $58.3M | $57.5M | $58.9M |
| Intangibles / total assets | 0.0% | 0.0% | 9.0% | 10.8% | 1.0% | 2.8% | 6.3% | 4.5% | 2.2% | 4.3% |
Computed from AXR's annual financial statements (latest annual report filed July 24, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
AXR valuation and financial ratios
At the end of fiscal 2026 (April 30, 2026), AMREP traded at 14.4 times earnings, against a 10-year median of 12.8. Based on the latest twelve months, the trailing P/E is 18.2 and the forward P/E is 37.6. AMREP earned a return on equity of 7.6% and a return on invested capital of 10.1% in fiscal 2026. It ended the year with $0.2 million of debt and $52.7 million in cash and short-term investments, a net cash position of $52.5 million. The share count fell 33.2% from 8.1M to 5.4M over 9 years.
See the AXR income statement, the AXR chart for price history, or the AXR stock overview for the latest quote and news.
AXR key metrics FAQ
What is AMREP's P/E ratio?
AMREP's trailing P/E ratio is 18.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 37.6. At the end of fiscal 2026 it was 14.4, compared with a 10-year median of 12.8.
What is AMREP's EV/EBITDA?
AMREP's enterprise value was 6.7 times EBITDA at the end of fiscal 2026 (enterprise value $96.1 million, EBITDA $14.4 million); the current EV/EBITDA is 11.5.
What is AMREP's return on equity?
AMREP's return on equity (ROE) was 7.6% in fiscal 2026: net income of $10.3 million on average shareholders' equity of $135.4 million.
What is AMREP's ROIC?
AMREP's return on invested capital was 10.1% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does AMREP have?
AMREP had total debt of $0.2 million at the end of fiscal 2026, a debt-to-equity ratio of 0.00 and more cash than debt.
What is AMREP's free cash flow yield?
AMREP generated $12.8 million of free cash flow in fiscal 2026, a free cash flow yield of 8.6% on its market value at year-end ($148.6 million).